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212 Clay ST Wilmington, NC 28405
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Key Details
Sold Price $425,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,520 sqft
Price per Sqft $168
Subdivision Ridgecrest
MLS Listing ID 100524356
Sold Date 10/15/25
Style Wood Frame
Bedrooms 7
HOA Y/N No
Year Built 1999
Annual Tax Amount $2,270
Lot Size 0.305 Acres
Acres 0.3
Lot Dimensions 25x89x103x95x150
Property Sub-Type Triplex
Source Hive MLS
Property Description
Investor Opportunity - Fully Leased Triplex
212 Clay Street presents an excellent opportunity for investors seeking a property with strong rental income potential. This well-maintained triplex features three units: Units A and B each offer 2 bedrooms and 1 bathroom, while Unit C provides a spacious 3-bedroom, 2-bathroom layout. All units include comfortable living areas designed for tenant appeal.
Recent improvements, including a new roof installed in 2024, enhance the property's value and reduce future maintenance needs, ensuring a solid addition to any portfolio.
All three units are currently occupied by long-term tenants, providing immediate, consistent rental income. Conveniently located near local amenities, schools, and public transportation, this property benefits from steady rental demand.
Bonus Investment Potential: The adjacent duplex at 206 Clay Street (MLS ID 100524348) is also available and can be purchased as a package to increase income and maximize investment returns.
Location
State NC
County New Hanover
Community Ridgecrest
Zoning R-5
Direction From downtown, travel north on Market Street. Turn Left onto Clay Street. Property will be on the right.
Rooms
Basement None
Interior
Heating Electric, Heat Pump, Natural Gas
Cooling Central Air
Flooring LVT/LVP, Carpet, Tile
Fireplaces Type None
Fireplace No
Laundry Hookup - Dryer, Hookup - Washer
Exterior
Exterior Feature None
Parking Features Off Street
Pool None
Utilities Available Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
Waterfront Description None
Roof Type Architectural Shingle
Accessibility None
Porch Covered
Building
Story 1
Entry Level One
Foundation Slab
Sewer Municipal Sewer
Water Municipal Water
Structure Type None
New Construction No
Schools
Elementary Schools Freeman
Middle Schools Virgo
High Schools New Hanover
Others
Tax ID R04913-014-022-000
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
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